Termination by Executive for Convenience Sample Clauses

Termination by Executive for Convenience. Executive may terminate the Term of Employment at any time for Executive's convenience, including his election to retire at any time, upon a minimum of sixty (60) days' prior written notice to the Company. The Company shall have the option of waiving all or part of Executive's services during all or part of such notice period; provided, however, that until the end of such notice period (i) the Company shall continue to pay or provide to Executive the amounts and benefits described in Section 2 above and (ii) Executive shall continue to be an "employee" of the Company or one of its subsidiaries and shall not commence active employment with another employer. In the event a purported termination of the Term of Employment by Executive because of an Event of Termination is, for any reason, found to be invalid, erroneous or incorrect, such termination shall be treated as a termination by Executive for Executive's convenience pursuant to this Subsection 3(f).
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Termination by Executive for Convenience. Executive ‎shall have the right to terminate his employment for convenience at any ‎time during the Employment Period and for any reason, or no reason at all, subject to the applicable terms and conditions of Article III and Article IV.
Sample 1Sample 2Sample 3
Termination by Executive for Convenience. In the event Executive terminates this Agreement for convenience under Section 5A, all stock options earned by the Executive that have not vested shall be immediately cancelled. Executive’s vested stock options will be available for the Executive to exercise within the four (4) years immediately following the termination of Executive’s employment, after which date all stock options that have not been exercised shall automatically terminate.
Sample 1
Termination by Executive for Convenience. This Agreement may be terminated by the written resignation of Executive effective on the date specified in such resignation notice by Executive, which shall not be sooner than ninety (90) days after the date of such notice of resignation. In the event that Executive elects to terminate this Agreement by resignation in accordance with this provision, Company may elect notwithstanding the effective date of such termination contained in Executive’s resignation notice to make Executive’s resignation effective on such earlier date, if any, as Company determines in its sole discretion, provided that notwithstanding such election and determination by Company, Company shall be obligated to pay Executive’s salary and other benefits due hereunder through a date not earlier than ninety (90) days after the date of Executive’s resignation notice.
Sample 1
Termination by Executive for Convenience. Executive may terminate this Agreement and resign his employment hereunder for any reason (or no reason) other than for Good Reason upon sixty (60) days’ prior written notice to the Company.
Sample 1

Related to Termination by Executive for Convenience

  • Termination by Executive for Good Reason The Executive may terminate employment for Good Reason. For purposes of this Agreement, “Good Reason” shall mean:

  • Termination by Executive The Executive may terminate his employment hereunder at any time for any reason by giving the Company prior written notice not less than 30 days prior to such termination. Any termination pursuant to this paragraph 3(e) shall preclude a later claim that such termination was for Good Reason.

  • Termination by Executive with Good Reason Executive may terminate Executive’s employment with Good Reason by providing the Company fifteen (15) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such fifteen (15) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the date immediately following the expiration of the fifteen (15) day notice period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Executive’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement.

  • Resignation by Executive for Good Reason (a) Provided Executive has not previously been notified of the Company’s intention to terminate Executive’s employment, Executive may resign from employment with the Company for Good Reason (as defined in Section 6.4(b) below).

  • Termination by Executive Without Good Reason Executive may terminate his employment upon 30 days’ written notice to the Company. In the event Executive terminates his employment in this manner, he shall remain in the Company’s employ subject to all terms and conditions of this Agreement for the entire 30-day period unless instructed otherwise by the Company in writing.

  • Voluntary Termination by Executive The Executive may voluntarily terminate his employment for any reason and such termination shall take effect 30 days after the receipt by Company of the Notice of Termination. Upon the effective date of such termination, Executive shall be entitled to (a) accrued and unpaid Salary and vacation through such termination date; and (b) all other compensation and benefits that were vested through such termination date. In the event Executive is terminated without notice, it shall be deemed a termination by the Company for Cause.

  • Termination by Executive other than for Good Reason Executive’s employment may be terminated by Executive without further liability on the part of Executive (other than with respect to those provisions of this Agreement expressly surviving such termination) by written notice to the Board of Directors at least sixty (60) days prior to such termination; provided, however, the Company may waive the notice period and accelerate the termination date without converting the Termination by Executive into a Termination by the Company.

  • Termination by Xxxxxx This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by Parent:

  • Resignation by Executive (a) Executive may resign from Executive’s employment with the Company at any time by giving notice as described in Section 7.1.

  • Voluntary Resignation by Executive Executive may voluntarily resign Executive’s position with Company for any reason, at any time after the Effective Date, on five (5) days’ advance written notice. In the event of Executive’s resignation, Executive will be entitled to receive only the Base Salary for the five-day notice period and no other amount (other than amounts to which Executive is entitled pursuant to Section 5 or 6 hereof). All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished upon termination of employment. In addition, Executive will not be entitled to receive any other Severance Benefits described in Section 7.2, above. The provisions of this Section 7.4 shall not apply to Executive’s resignation for Good Reason.

Time is Money Join Law Insider Premium to draft better contracts faster.